SNDK price stacked below daily and 4h EMAs

🔴 SHORT $SNDK /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 1262.17907 – 1266.26093
TP1: 1234.75254 (-2.3%)
TP2: 1215.10756 (-3.9%)
TP3: 1185.64010 (-6.2%)
SL: 1303.50995 (+3.1%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.

Why SHORT? 2/12 signals agree, 0 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)

If it plays out:
If the idea works, the 1h price continues down toward the daily bearish trend, with the 1h RSI staying below 50.

If it fails:
A daily close back above the EMA200 would prove it wrong, so I would exit at the stop.

Where do you take profit on a short here?

Levels mapped on the chart below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.